RLinda

MATICUSDT ! Downward resistance test. Falling down 😶‍🌫️

Short
BINANCE:MATICUSDT   MATIC Network / TetherUS
MATICUSDT continues to trade in a downtrend. The price strongly reacts to the downward resistance and forms strong movements. The price makes a false breakout of resistance, but the price is not able to update the local peaks and on the retest the price returns to the level of 0.577

I suppose that after fixing the price below the level, the price may continue its downward movement along the trend. Short-term target is 0.502 support and medium-term target is 0.450 consolidation line

Sincerely, R. Linda!
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